We have a duplex in Modesto, Northern California, and we need an insurance company that will cover a LLC. Our first insurance company went bankrupt, and closed in January. We have a new policy with Foremost, but now t...
Hello, I'm working on a few rehabs and there's a lot of "iffy" problems that I could fix but would cost thousands more. For example, siding is going bad and painting will only cover it up slightly. Do I replace and ...
Recently, the owner/landlord of the duplex next to mine reached out to me. He informed me that he recently did repairs to his roof and that apparently two roofers said that the pitch of my roof is channeling a large a...
I have two recently purchased water heaters. The flood from hurricane ida took both pilot lights out along with my roof beginning to leak. How do I properly address these two issues without putting myself at an disadv...
Hello all,I'm working on closing on a duplex on the Space Coast. I am financing the deal through a traditional loan. The roof has little to no usable life left in it, which makes traditional insurance options impossib...
Hello fellow members,
I'm in the process of purchasing a buy and hold property out of state, Memphis, but I can't get the property insured. This house is over 80 years old and have knob & tube wiring, wh...
Hi BP members, I am experiencing some problems while buying a rental property that's built in 2003 with original shingle roof in Tampa. I am getting crazy insurance quotes from $2500 to $4000 on a house that's less th...
I am building a tiny home that is 28' x 10' with 3 degrees of angle. I am trying to figure out if the dimensions the guy at the roofing company gave me are correct (I have attached them here). I would like 6 inches of...
Hello everyone,Around 6-7 months ago my wife and I stumbled onto BP and decided to start learning as much as we could with the intent to head down the real estate investment path. It's taken us a little while to find ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $55,000
Contributors:
Gregory Crane
Sourced on the MLS. Partnered wi...